Saturday, April 28, 2018

Another day with a lot of news on China


* I wonder what currency the new exchange will use for the OBOR projects. Most likely the years for the USD as a reserve currency are numbered or lose some of the luster.

* China is smiling when Germany stock market falls. Why? It provides opportunity to buy more German companies esp. in the high tech area as we do not allow China to buy ours.

* DIDI will be successful in China for sure. It is safer to share a ride in China than in US. They have serious punishment in crime. For example, it is death for sex with minors; that is why you do not hear raping babies (not a typo) as happened in India.

No comments:

Post a Comment